Shiba Inu (SHIB) has been falling since early May after a failed recovery attempt. The price drop began on May 4, following a steep decline in April, the largest since the Terra collapse in May 2022. Recent technical indicators now suggest a potential reversal. On May 13, SHIB’s price retested the lower Bollinger Band, a…
This week, Toncoin (TON), Blur (BLUR), and Pepe (PEPE) are expected to deliver big gains, possibly turning $1 into $100. Investors are interested in these altcoins for their potential to quickly capitalize on market trends and offer significant returns. Toncoin offers advanced technology with Layer-1 scalability, low fees, fast transactions, and a large user base….
The Securities and Exchange Board of India (SEBI) has proposed guidelines to regulate cryptocurrencies to a government panel. SEBI suggests involving multiple regulators to oversee various aspects of cryptocurrency trading. On the other hand, India’s central bank, the Reserve Bank of India (RBI), considers cryptocurrencies a potential risk to the economy. They are concerned about…
Between May 10 and May 17, sales of non-fungible tokens (NFTs) amounted to $150.56 million, showing a decrease of 8.97% compared to the previous week. This decline continues a trend of weekly decreases in NFT sales. During this period, four out of the top five blockchains in terms of sales volume also saw reductions in…
Bitcoin has been oscillating between bear and bull cycles throughout its price history. The current bull run started around mid-2023, spurred by expectations of ETF approvals. Bitcoin’s price has maintained strength during this period, hovering between $60,000 and $70,000. Bitcoin’s price has historically moved through cycles of bear and bull markets, largely influenced by its…
Investors who bought the latest cryptocurrency listings on Binance in the past six months have seen their investments decline by over 18%, despite a general rally in the cryptocurrency market. A study by cryptocurrency researcher Flow revealed that more than 80% of these tokens lost value after being listed. Out of 31 tokens analyzed, only…
Judge Sean Lane approved Genesis’s Chapter 11 repayment plan, allowing them to unfreeze and refund client funds held since November 2022. The bankruptcy court has approved Genesis Global, a cryptocurrency lender, to repay its creditors using more than $3 billion in cash and cryptocurrency. Digital Currency Group (DCG), its parent company, will not be able…
Elon Musk’s recent announcement of major upgrades for Grok during the buzz surrounding OpenAI has sparked excitement, reflecting the ongoing evolution in the tech industry. His updates for Grok, part of his portfolio, have garnered attention by showcasing advancements in AI technology. These enhancements aim to enhance user experience, illustrating the dynamic progress in AI…
Prominent market analyst EGRAG has set multiple price targets for XRP, anticipating a retest of the “Line of Hestia” with an ultimate goal of $33. XRP has attracted significant market speculation, and EGRAG’s latest analysis outlines a roadmap for the cryptocurrency’s future price movements, building on his previous insights. Analyst EGRAG’s Insights on XRP’s Trend…
The official Shiba Inu ecosystem account has issued a crucial warning to SHIB community members regarding a potential scam targeting the community. They reminded the community that there are no officially sanctioned SHIB airdrops at present. All unsolicited tweets claiming otherwise are scams aimed at deceiving and stealing crypto assets from unsuspecting individuals. Shiba Inu…
